Allegheny County Expands Mariner Relationship

The Retirement Board of Alleghany County has expanded the remit of Mariner Institutional to include advising on the Pennsylvania pension’s private equity and emerging manager programs.

At its September 19 meeting, the board voted to terminate its contracts with Asset Strategy Consultants and PFM Asset Management. Following that vote, the board approved a motion to amend its existing contract with Mariner to include the private equity and emerging manager programs, concurrent with and effective through Mariner’s current contract running through 2026.

Per Dakota data, the Alleghany County Retirement Board oversees approximately $1B in assets.

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